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A few of my buddies are tired of bettting online and are in desperate search of a local.  I'm thinking about taking their bets (nothing huge all less than $100 per game) but I'm wondering what the penalty and fines would be if i were to get busted.

I reside in michigan and really would only be taking their action as a favor to them.....i don't need the money.  Is it worth it the risk?    What are the fines and punishment if I were to get busted???

Thanks in advance for your advice fellas

Bill702 is right on.

I have been bookin for close friends for the past 2 years.  Same situation, no one liked the local, I stepped up.  I only have 6-10 players but all of them are good friends, were usually watching the games together.  I have not had any problems really.  You have to understand people risk more than they can afford, so when someone goes down and cant pay-DONT BE A person. 

Let them know its all good and that if they can give you a small amount to keep moving thats cool.  The key is to have friends that are real friends, not randoms trying to darn you over.  ALl of my guys are good friends and wouldn't risk our friendship over a few hundred bucks.

Also, when they win, pay out-always, try not to roll figures over.  If you don't pay one week then your friend thinks he can rollover when ever they want.

Be clear, let your friends know your not a real book, and that you're tired of loosing and just want to take small action to get your own fix.  Like I also said, if you're watching the game with your boys dont cheer against them.  When you're the book you're siding on the side of the vegas experts that can narrow a game down to a single possession in most cases.  If your buddies want to try and outsmart the experts GL to them-but they won't be successful. 

Last week I got killed from the pats onsaturday, but everyone doubled their wagers and put them on GB straight and teased and that one game made me profitable on the week.  Sit back n watch the dough roll in my friend.